Fri, Jul 13, 2018
Cash-strapped Fortis said on Friday it accepted a 40 billion rupees ($585 million) offer from IHH for a 31 percent stake, capping a months-long bidding war for control of the Indian firm that drew interest from domestic and international suitors.
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Thu, Apr 12, 2018
Fortis Healthcare’s minority shareholders are still discontent with the “unsolicited binding offer” Manipal Healtcare Enterprises (MHE) announced on Tuesday. The shareholders want valuation to be bettered further or else may look at the offer that is in the working with IHH Healthcare Berhad.
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